Further If one looks at the US 10yr chart $tnx
There be a gap to fill at 1.80 and the technicals are suggesting a fill, will it coincide with a bump up in QE on the Lamb or will they announce it and take Gold for one more trip down memory lane. Or maybe Gold goes against the grain this time knowing that the game has now swung in the yellows favour IMHO..
In short the Fed will pump to keep rates down further fueling the inflation genie Gold will soar under this regime. If they don't pump we get Odumbo's depression and we know what is more palatable for all concerned...
I'd post the chart yet my comp skills are pretty sad as my firewall won't allow simple cut&paste.
I guess we all have our niche or lack therof..
Stock market will no doubt soar as well until it don't. Bad news will be good news until it's not.
It's only $$
Shoe